Saudi Arabia Bariatric Surgery Market - Growth, Trends, COVID-19 Impact, and Forecasts (2022 - 2027)

Saudi Arabia Bariatric Surgery Market - Growth, Trends, COVID-19 Impact, and Forecasts (2022 - 2027)

Saudi Arabia’s Bariatric Surgery Market is poised to grow at a CAGR of 6.8% over the forecast period.

On the market, the COVID-19 pandemic is anticipated to have a significant effect. The global lockdown measures have impacted the diagnostic and surgical industries, which have also decreased public mobility. According to the study titled "Safety of Bariatric Surgery During the COVID-19 Pandemic: Is There a Need to Screen Low-Risk Patients?" published in the International Surgery in May 2021, despite the decline in bariatric surgery in the country, a significant number of procedures are being conducted under strict precautionary parameters. the patient should be screened before evaluating individuals for elective surgery during the COVID-19 epidemic. Patients who are obese or have underlying comorbidities should continue with elective procedures if their respiratory score on screening is 3, indicating a low risk of respiratory disease. Strict precautionary measures should be followed, and a limited number of surgeries should be performed. As a result, a huge number of COVID-19-positive patients and their major influence on healthcare systems in Saudi Arabia are too responsible for a reduction in numerous bariatric procedures and, a negative impact on the market in 2020. Furthermore, due to the resumption of elective procedures and a decrease in COVID-19 cases, the market is expected to return to pre-pandemic levels shortly.

Bariatric surgery or weight loss surgery is used as one of the major treatment procedures for treating obesity. It is generally the last option for patients who have failed in the attempt to lose weight with several other means. In Saudi Arabia, the increase in obesity, diabetes, and heart disease has increased the demand for bariatric surgery. As per the data published by the University Center for Obesity Research at King Saud University in 2022, obesity rates in the Kingdom are not well-documented, although several recent studies have found that they are alarmingly high, with 23.6 percent of women and 14 percent of males obese. Therefore, as the prevalence of obesity is increasing the demand for overall bariatric surgeries is expected to increase.

Moreover, the growing prevalence of diabetes and cardiovascular disease are likely to support the market growth. According to the study titled “Prevalence of cardiometabolic risks and associated factors in a geriatric population in Saudi Arabia” published in January 2022, diabetes is one of the major risk factors for cardiovascular diseases in the country. Therefore, the high prevalence of diabetes is expected to increase the incidence rate of cardiovascular diseases in the country, thereby growing the market. For instance, according to a February 2022 update by the World Diabetes Federation, the prevalence of diabetes in the country is 17.7% which is considerably high, thereby boosting the market. Thus, the abovementioned factors are likely to increase the market growth. However, the high cost of surgery may restrain the market growth.

Key Market TrendsImplantable Devices is Expected to Record a High CAGR in the Assisting Device Segment

Gastric balloons, gastric bands, and electrical stimulation devices are examples of implantable devices. Some of the drivers of increasing balloon demand include the introduction of new products, an increase in patient awareness, partnership with bariatric surgery centers, and manufacturing optimization to maximize operating leverage.

According to the study titled "Long-Term Weight Outcomes after Bariatric Surgery: A Single Center Saudi Arabian Cohort Experience" published in November 2021, Obesity has become a Saudi Arabia epidemic, with an estimated 24.1% of males and 33.5% of women overweight or obese. The number of obese individuals undergoing bariatric surgery in Saudi Arabia has increased substantially, with 15,000 procedures anticipated to be conducted annually. Thus, the growing prevalence of obesity and rising adoption of bariatric surgeries in the country are expected to boost segment growth over the forecast period.

With the rising in bariatric procedures in the country, the need for implantable devices is expected to increase and is likely to support the growth of the market. According to the study titled "Bariatric surgeries complications in Saudi Arabia" published in June 2022, more than 30,000 bariatric gastric sleeve procedures were conducted in Saudi Arabia in 2020, with women accounting for 70% of patients who had the weight-loss treatment. Thus, the growing trend of bariatric surgery to reduce obesity is expected to rise in demand for implantable devices expected to support the segment growth.

Competitive Landscape

The Saudi Arabia bariatric surgery market is moderately competitive and consists of several major players. In terms of market share, few of the major players currently dominate the market. With the rising patient awareness levels and increasing obese population, few other smaller players are also expected to enter into the market in the coming years. Some of the major players of the market are Medtronic PLC, Johnson and Johnson., Apollo Endosurgery Inc., and among others.

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